Exemption from property tax for entrepreneurs investing in the purchase or construction of real estate
- maximum period: 5 lat
- minimal investment value: above 1M PLN
- additional conditions: the investment must be completed within 24 months od dnia zgłoszenia zamiaru skorzystania z pomocy
Legal Basis:
- Resolutions of the Radom City Council: 751/2014, 570/2017, XLVII/434/2020
- Regulation of the Council of Ministers of 24 October 2014 (Journal of Laws, item 1543 of 7 November 2014) – de minimis form
Rent relief
Legal Basis:
In accordance with the Ordinance of the Mayor of Radom No. 2351/2017 of June 28, 2017, land lease owned by the Municipality of the City of Radom and the City with district rights with a discount of 99% in relation to the following rate is possible until the completion of the investment, but not longer than 24 months.
Rent rate for individual city zones:
- zone central – 0,95 zł/m2
- zone downtown – 0,85 zł/m2
- zone pośrednia – 0,75 zł/m2
- zone peryferyjna – 0,65 zł/m2
Scholarships for university students preparing to take up employment in the city of Radom
Legal Basis:
- Resolution No. LXX/637/2021 on granting scholarships to university students preparing for employment in the city of Radom
- Resolution No. LXXXVII/834/2022 amending the resolution on awarding scholarships to university students preparing for employment in the city of Radom
Material assistance in the form of a cash scholarship is granted to students who are preparing to take up employment with an entrepreneur operating in Radom
- maximum period: from 3 to 6 months (once during the entire period of study at the university)
- maksymalna kwota pomocy: 1800 zł brutto / miesiąc
- at least the second year of study
- the required average of the grades from the exams must not be lower than 3.75
- wymagane miejsce zamieszkania studenta – Radom
On 21 August 2001, by the Regulation of the Council of Ministers, item 1177 (Journal of Laws 107), the Radom subzone of the Tarnobrzeg Special Economic Zone was established, managed by IDA SA.
Support is provided by the zone manager to an entrepreneur implementing a new investment, which consists in:
- the establishment of a new enterprise,
- increasing the production capacity of an existing establishment,
- diversification of production by introducing new products previously not produced in the enterprise,
- a fundamental change regarding the production process of an existing plant.
For certain activities (m.in manufacture of explosives, tobacco, wholesale and retail trade, waste management, construction works and works) no decision on support is issued.
The entrepreneur receives support in the form of exemption from income tax (CIT, PIT), which constitutes regional aid.
In the Radom subzone, the decision on support is issued for a period of time:
15 years – in the case of investments in the area located within the boundaries of a special economic zone, referred to in Article 13 paragraph 5 of the Act of 10 May 2018 on supporting new investments;
- 12 years – in other cases.
Minimum eligible costs of investments in the Radom subzone: PLN 10 million.
Reducing the level of minimum investment costs :
- for micro-entrepreneurs: by 98% (to the level of at least PLN 200,000),
- for small entrepreneurs: by 95% (to the level of at least PLN 500 thousand),
- for medium-sized enterprises: by 90% (to the level of at least PLN 1 million),
and in the case of:
- so-called reinvestment (m.in increasing the production capacity of an existing establishment): by 50% of the minimum eligible investment costs
- investments of large and medium-sized enterprises in the scope of services indicated in the regulations: by 95% (to the level of at least PLN 500 thousand)
In order to obtain a decision on support, in addition to meeting the above-mentioned quantitative criterion, a new investment must meet the following qualitative criteria:
- the criterion of sustainable economic development
and
- criterion of social sustainability.
Legal Basis:
- Act of 10 May 2018 on supporting new investments
- Regulation of the Minister of Entrepreneurship and Technology of 29 August 2018 on the determination of areas and their assignment to managers
- Regulation of the Minister of Entrepreneurship and Technology of 29 August 2018 on entrusting the manager of the Tarnobrzeg Special Economic Zone Euro-Park Wisłosan with issuing decisions on support and exercising control over the implementation of decisions on support (Journal of Laws of 2018, item 1711)
- Regulation of the Council of Ministers of 14 December 2021 on the establishment of the regional aid map for 2022-2027
- Regulation of the Council of Ministers of 27 December 2022 on public aid granted to some entrepreneurs for the implementation of new investments
Industrial Development Agency SA – the services offered by ARP S.A. include:
More information available at www.arp.pl
Mazovian Credit Guarantee Fund / Mazowiecki Regional Loan Fund – support for institutions aimed primarily at the SME sector. Mazowiecki Fundusz Surety Kredytowych S.A. offers not only sureties securing bank loans, but also leasing and bid bonds. Thanks to the latter, the entrepreneur can take part in several tenders without blocking funds by paying a deposit. For more information, please visit: www.mfpk.com.pl i www.mrfp.pl
Casimir Pulaski University of Technology and Humanities in Radom – The Faculty of Mechanical Engineering conducts extensive cooperation with entrepreneurs and offers, m.in. support in R+D work. More information can be found at www.mechaniczny.uniwersytetradom.pl
Investment incentives Government grants
Government grants are awarded on the basis of Programme for supporting investments of significant importance for the Polish economy for the years 2011-2030 („Program”) adopted by the Council of Ministers on 5 July 2011 (amended on 1 October 2019).
Form of support
Support is granted in the form of grants on the basis of a bilateral agreement concluded between the minister competent for economy and the investor. The agreement regulates in detail the conditions for the payment of the subsidy, while maintaining the principle that the subsidy is paid in proportion to the degree of implementation of obligations.
Support for
Under the Programme, support for the initial investment will be granted from two titles: eligible costs of creating new jobs and eligible costs of investments. The programme is entirely financed from the state budget.
The program provides support for investments from three headings:
- Support for the costs of job creation (employment grant)
- Support for eligible costs of a new investment (investment grant)
- Support for employee training
TRAINING GRANT – in addition to the above grants
Program Operator
The Programme Operator and the authority granting public aid is the Minister competent for economy (currently the Minister of Development and Technology). The Polish Investment and Trade Agency is responsible for preparing and presenting to the Interministerial Team for Investments of Significant Importance for the Polish Economy (hereinafter referred to as the Team) dossier projektów inwestycyjnych oraz przygotowanie wszystkich dokumentów niezbędnych do przeprowadzenia całej procedury udzielenia wsparcia finansowego.
Each project is subject to individual assessment by the Team, based on detailed criteria specified in the Programme.
The competent body for providing information shall be PAIH Investment Centre (IC).